Bank Of Baku

Azerbaijan’s key cement maker to raise capacity by 31%

Azerbaijan’s key cement maker to raise capacity by 31%
# 23 October 2008 15:12 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan’s major cement maker Garadagh Cement will get a 31% rise in its annual capacity after putting into operation a new production chamber in 2011, said the company’s marketing manager Kamran Abbasov.
He added that the production expansion would allow increasing clinker production to 1.2 million tons from 0.8 million tons a year and cement production to 1.7 million tons from 1.3 million tons a year.
Besides, this would minimize environmental impact of the cement production at the plant and halve electricity consumption.
The project costs €327.
Garadagh Cement is owned by Holcim, EBRD and Azerbaijan Investment Company.
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